Tim Keenan
Verizon and Honda Test 5G Safety Enhancements at Mcity
California’s Honda Motor Co. and New Jersey’s Verizon are teaming up at Mcity in Ann Arbor to research how new connected safety technology using 5G and mobile edge computing (MEC) could ensure fast, reliable...
Ann Arbor’s SafeSend Gets Investment to Accelerate Workflow Tech
SafeSend, an Ann Abor-based provider of workflow automation technology for CPAs and tax preparers, has received an unspecified investment from Lead Edge Capital, a growth-stage investment firm based in New York and Santa Barbara,...
Amsted Automotive-VT Industrial Technology JV Forms MVT in China
Amsted Automotive in Southfield has formed a joint venture between its Means Industries metal forming and joining company and China’s VT Industrial Technology to serve the rapidly expanding Chinese market.The joint venture company, which...
GrowGeneration Expands Michigan Footprint with Addition of Downriver Hydro
Denver-based GrowGeneration Corp. has acquired Downriver Hydroponics, an indoor garden supply center in Brownstown Township that will be GrowGen’s seventh location in Michigan. Terms of the transaction were not disclosed.Downriver Hydro is the area’s...
DBusiness Daily Update: DeChambeau to Defend Rocket Mortgage Classic Title, TCF to Open New...
Our roundup of the latest news from metro Detroit and Michigan businesses as well as announcements from government agencies, including updates about the COVID-19 pandemic. To share a business or nonprofit story, please send us...
Detroit LIFT Accepting Proposals for Hypersonic Aircraft Technology
LIFT, the Department of Defense-supported national manufacturing innovation institute in Corktown, is accepting proposals for its Hypersonics Challenge through July 2.Open to the entire U.S. manufacturing industrial sector, the Hypersonics Challenge is a call...
DBusiness Daily Update: McLaren to Open New Facility in Shelby Township, TechTown Detroit Launches...
Our roundup of the latest news from metro Detroit and Michigan businesses as well as announcements from government agencies, including updates about the COVID-19 pandemic. To share a business or nonprofit story, please send us...
Report: Venture Capital Activity Strong in Michigan Despite Pandemic
Eighty-eight Michigan-based startup companies received $257 million in venture capital from Michigan venture capital firms in 2020, according to the Novi-based Michigan Venture Capital Association’s 2021 Research Report.The $257 million in 2020 investment was...
DBusiness Daily Update: 84% of Small Business Owners Expect to Exhaust PPP by June,...
Our roundup of the latest news from metro Detroit and Michigan businesses as well as announcements from government agencies, including updates about the COVID-19 pandemic. To share a business or nonprofit story, please send us...
Bloomfield Hills’ ARCH Precision Components Corp. Sold to Chicago Firm
Madison Dearborn Partners, a private equity investment firm based in Chicago, has agreed to acquire Bloomfield Hills’ ARCH Precision Components Corp. for an undisclosed amount.MDP will acquire ARCG PC from ARCH Global Precision and...